News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Dec- 2024 -11 December
Zara owner Inditex misses expectations despite 7% surge in revenues
Inditex, the owner of fashion brands Zara, Stradivarius and Berksha, has seen its shares slide 6% in trading after its…
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11 December
Zalando to acquire About You in €1.2bn deal
Zalando has announced its intention to submit a voluntary public offer to acquire up to 100% of German retailer About…
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11 December
Walgreens takeover bid could trigger Boots auction
A $10bn plus takeover bid for Walgreens Boots Alliance (WBA) from private equity firm Sycamore Partners could lead to an…
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10 December
Today’s news in brief-10/12/24
Supermarket sales are set to surpass £13bn in December for the first time, boosted by festive spending and rising grocery…
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10 December
Rituals opens new store at The Liberty Romford
Beauty and wellbeing brand Rituals has opened its new store at Redical-operated The Liberty Romford shopping center. The 1,162 sq…
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10 December
Moonpig H1 revenues rise 3.8% to £158m
Moonpig has reported that revenues rose by 3.8% year-on-year to £158m for the six months to 31 October, thanks to…
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10 December
Pepco Group suffers £675m Poundland hit
Pepco Group has reported a £675m impairment charge on its UK subsidiary Poundland, as a result of “a significant decline…
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10 December
Castore appoints new commercial operations lead
Sportswear brand Castore has announced the appointment of Danny Downs to lead the company’s commercial operations as it strengthens its…
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10 December
Supermarket sales to hit £13bn over Christmas
Supermarket sales are expected to exceed £13bn over the four weeks of December for the first time ever, according to…
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9 December
Caffè Nero bolsters Waitrose and John Lewis partnership
The Nero Group, the family-owned operator of Caffè Nero, has secured new partnerships with Waitrose and John Lewis, which will…
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